14 May How to Have Productive and Engaging Board Directors Meetings
Board directors are vital to the growth of your business. They can give feedback, offer support or make decisions that affect the direction of your business. It is therefore crucial to have effective board meetings. How can you do this?
Begin by highlighting the Most Important Items
The majority of your board’s meeting should be devoted to discussing how you can implement the company’s strategies. This is the time to present specific KPI goals that can be tracked and measured, such as net board directors’ meetings promoter scores, sales per region, and retention and churn rates. This will ensure that your board is in sync with the rest of the organization and works together to achieve common goals.
Don’t get distracted
When they are distracted by new topics for discussion at the board meeting, board members can quickly lose sight of the most important agenda items. Instead, have the chair open with a 10 minute review of the most important input that will be sought at the meeting. Reiterating highlights from pre-meeting calls and the board’s package.
If a topic is brought up, but it’s not a priority, you can move it to the next item on the agenda, or plan it for an interruption. This will avoid the subject being brushed aside and give the impression that the board is open to new ideas.
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